RBI Guidelines definition
Examples of RBI Guidelines in a sentence
You are solely responsible for understanding and complying with all Applicable Laws, including but not limited to the provisions of the RBI Guidelines on Regulation of Payment Aggregators and Payment Gateways, Payment and Settlement Systems Act, 2007, Prevention of Money Laundering Act, 2002, KYC Guidelines, etc.
The Applicant should be legally competent to enter into a contract in India as per Indian Contract Act, 1872and RBI Guidelines.
A Remittance Request under the Service may be rejected by ICICI Bank, in its sole and absolute discretion in various situations, including but not limited to, a Beneficiary account not being allowed to receive cross border remittance under prevailing guidelines/ rules promulgated (from time to time) by the Reserve Bank of India (“RBI”) in India (“RBI Guidelines”) such as a no frills savings account (as defined under the extant RBI Guidelines).
The “Indian CDS-Summary of Proposed Plan” by ▇▇▇▇▇▇ took the approach that the RBI Guidelines did not impose any specific limitations on “Obligations” (other than that they must be direct obligations and not a guarantee).
The Transferor hereby transfers all of its holdings in the subsidiary(ies) which are part of the Group to the Transferee, pursuant to the share transfer deed attached hereto as Exhibit A.